NRW.Bank doubles up with dollar floater ahead of Fed

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NRW.Bank doubles up with dollar floater ahead of Fed

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Nordrhein-Westfalen, NRW, Nordrhein, Westfalen, Lippe, Schild, Bundesland, Landesgrenze, Grenze, Land, Schilder, Wappen, Staatswappen, Bundesrepublik, Deutschland, Westdeutschland, Hoheitszeichen, Landesteile, Sachsenross, Lippische Rose, Rheinprovinz, Landesfarben, Landeswappen, Wappenzeichen, Bundesländer, Nordrhein-Westfalen, bei Barntrup, September 2016, Bild Nr.: N54908 | /nmann77 - Fotolia

NRW.Bank made a big noise in a quiet dollar market this week as it printed the joint largest floating rate note from a European supranational or agency this year. Other issuers might be encouraged to follow with similar deals next week, said bankers, although a US Federal Reserve meeting on June 14 — where a target rate rise is widely expected — will bisect the window.

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